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Norwalk, IA 50211 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Norwalk, IA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 8585PendingPending sales: 1010
Norwalk, IA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $355k$355kSoldMedian sold price (last 6 months): $335k$335k
What homes actually sell for in Norwalk, IA
Distribution of 268 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $265k to $410k
$200k to $259k: 46 sales$200k$259k to $318k: 50 sales$318k to $376k: 70 sales70sales$318k$376k to $435k: 33 sales$435k to $494k: 11 sales$435k$494k to $552k: 15 sales$552k to $611k: 10 sales$552k$611k to $670k: 7 salesMedian $335k

What the numbers say

As of September 14, 2026, Resideline is tracking 85 active listings and 10 pending sales in ZIP code 50211. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $354,750, while the median of the 268 closed sales Resideline tracked over the last six months was $335,460. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 50211 for 70 days.

Frequently asked questions

What is the median home price in 50211?

The median closed sale price in Norwalk, IA 50211 was $335,460 over the last six months, based on 268 closed sales tracked by Resideline. The middle half of those sales ranged from $265,350 to $409,900.

Is 50211 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 85 active listings in 50211, a pending-to-active ratio of 0.12. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 50211 currently looks like a balanced market.

Nearby ZIP code market data

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